European Economic News Preview: UK GDP Data Due

RTTNews | il y a 148
Stocktwits
European Economic News Preview: UK GDP Data Due

(RTTNews) - Monthly GDP and foreign trade figures from the UK and final inflation from Germany are the top economic news due on Wednesday.

At 2.00 am ET, the Office for National Statistics releases UK monthly GDP, industrial production and foreign trade data. Economists forecast gross domestic product to remain flat on month in April after rising 0.4 percent in March. The visible trade deficit is seen at GBP 14.2 billion in April compared to a shortfall of GBP 13.9 billion in March.

In the meantime, Destatis releases Germany's final inflation figures for May. Consumer price inflation is expected to rise to 2.4 percent, as initially estimated, from 2.2 percent in April.

Also, GDP data from Norway is due.

At 6.00 am ET, the National Institute of Economic and Social Research publishes UK monthly GDP tracker.

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Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the broadly positive cues from Wall Street overnight, as traders cautiously weigh the implications of Donald Trump's victory in the U.S. Presidential Election. They are concerned about Trump's tariff plans that could reignite U.S.-China trade tensions. Asian Markets closed mixed on Wednesday.
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Japanese Market Notably Lower

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The Thai stock market turned lower again on Wednesday, one day after snapping the two-day slide in which it had eased just over 3 points or 0.2 percent. The Stock Exchange of Thailand now sits just above the 1,465-point plateau although it's expected to rebound on Thursday.
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Indonesia Bourse Likely To Reclaim 7,400-Point Level

Indonesia Bourse Likely To Reclaim 7,400-Point Level

The Indonesia stock market headed south again on Wednesday, one day after ending the two-day slide in which it had slumped almost 100 points or 1.4 percent. The Jakarta Composite Index now rests just above the 7,380-point plateau although it's likely to see renewed support on Thursday.
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Australian Market Notably Lower

The Australian stock market is trading notably lower on Thursday after opening in the green, reversing the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,200 level, with weakness in gold miners and financial stocks.
RTTNews | il y a 9h 18min
Higher Open Expected For Hong Kong Stock Market

Higher Open Expected For Hong Kong Stock Market

The Hong Kong stock market on Wednesday snapped the three-day winning streak in which it had surged almost 700 points or 3.4 percent. The Hang Seng Index now sits just above the 20,530-point plateau and it's got a positive lead again for Thursday's trade.
RTTNews | il y a 9h 29min
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